INDEF BUZZ – Sep’24
Welcome to the 26th edition of INDEF BUZZ, our monthly newsletter! This edition brings you exciting updates, inspiring stories, and the latest developments across Bajaj Indef and the industry.
This edition’s “Herculean Speaks” highlights the exceptional achievements of our South region team, the “South ke Superstars.” Their perseverance and success, including securing orders for M8 heavy-duty cranes and innovative jib cranes, have driven remarkable growth in a competitive market. Their stories of innovation and dedication embody the spirit of Bajaj Indef.
In the “ABP Speaks” section, we highlight the inspiring journey of Mr. Rajesh Paldiwal, the visionary behind Shiv Udyog, one of our trusted APBs since 1982. His story is one of resilience, ethical business practices, and unwavering commitment. Under his leadership, Shiv Udyog has played a vital role in Bajaj Indef’s success, from setting up a manufacturing facility for EOT cranes to diversifying into the Solar EPC business. Mr. Paldiwal’s long-standing relationship with Bajaj Indef is built on mutual trust and a shared vision for growth.
Our “Customer Story” focuses on Mr. Anup Ghosh, Project Manager at Techno Electric, a valued customer of Bajaj Indef for over a decade. Mr. Ghosh has consistently praised the exceptional performance and reliability of our material handling equipment. His satisfaction with Bajaj Indef’s solutions underscores the quality and dependability of our products, which have become integral to Techno Electric’s operations.
In “Indef Updates”, we proudly announce the formation of Indef Manufacturing Limited (IML), following the strategic demerger of Hercules Hoists Ltd. (HHL). This marks a new era for both entities. IML will focus solely on manufacturing, while HHL transitions into a Core Investment Company, managing a diversified investment portfolio. Additionally, we showcased our cutting-edge Glacier and Indef S hoists at Globoil India 2024, demonstrating our commitment to food-grade material handling solutions. We are also pleased to inform you about the successful renewal of the ISI licence for our Chain Pulley Blocks, further reaffirming our commitment to quality and safety.
In “Industry Trends”, we highlight key developments, including Adani Wilmar’s stake sale as part of a ₹735 million transaction, Reliance Power’s 500 MW battery energy storage project, JTL Industries’ expansion of its galvanized iron plant, India’s coal production reaching 411.62 million tonnes, and Airtel’s partnership with Sparkle to enhance connectivity between Asia and Europe. These developments underscore the rapid changes in the industrial landscape and provide valuable insights into the future of these sectors.
For this month’s “Indef Reads”, we recommend Embrace the Future by R. Gopalakrishnan and Hrishi Bhattacharya. The book explores leadership in a rapidly evolving world, focusing on the importance of adaptability, innovation, and sustainability for business leaders.
Don’t miss our comic strip, where Mr. Hercules introduces the exciting formation of Indef Manufacturing Limited, symbolizing a new chapter of excellence for Bajaj Indef.
Stay connected for more stories and updates. Click – https://bit.ly/INDEF-BUZZ-Sep24 for the full edition.
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